LIGHT ANALYSIS / CHART SETUP — SOL/USDT
📈 Structure Overview
Market phase:
Selloff → Recovery → Resistance test
Primary structure:
Descending channel
Key resistance:
120.27 – 120.40
Upper invalidation:
120.54
Key downside:
119.73
---
📌 What I’m Watching
Scenario A — Bearish Continuation
If SOL rejects the 120.27–120.40 zone and loses 119.73, price may rotate toward:
119.46 → 119.18 → 118.90 → 118.63 → 118.35
---
Scenario B — Structure Reclaim
If SOL clears 120.40 and sustains above 120.54, the current bearish framework weakens.
The descending upper trendline would then become the next major structure to monitor.
---
📊 Indicator Check
MACD:
Slightly positive
RSI:
47.54 → neutral momentum
Price Structure:
Descending channel + resistance test
Key Confirmation:
119.73 breakdown / 120.54 reclaim
---
Note:
This is a chart framework, not a trade recommendation.
Use it to support your own DYOR-based execution plan.
— @nayrbryanGaming
#SOLAnalysis #ChartSetup #PriceAction #SmartMoney #Fibonacci #CryptoTrading #DYOR #NFA
📈 Structure Overview
Market phase:
Selloff → Recovery → Resistance test
Primary structure:
Descending channel
Key resistance:
120.27 – 120.40
Upper invalidation:
120.54
Key downside:
119.73
---
📌 What I’m Watching
Scenario A — Bearish Continuation
If SOL rejects the 120.27–120.40 zone and loses 119.73, price may rotate toward:
119.46 → 119.18 → 118.90 → 118.63 → 118.35
---
Scenario B — Structure Reclaim
If SOL clears 120.40 and sustains above 120.54, the current bearish framework weakens.
The descending upper trendline would then become the next major structure to monitor.
---
📊 Indicator Check
MACD:
Slightly positive
RSI:
47.54 → neutral momentum
Price Structure:
Descending channel + resistance test
Key Confirmation:
119.73 breakdown / 120.54 reclaim
---
Note:
This is a chart framework, not a trade recommendation.
Use it to support your own DYOR-based execution plan.
— @nayrbryanGaming
#SOLAnalysis #ChartSetup #PriceAction #SmartMoney #Fibonacci #CryptoTrading #DYOR #NFA
